If I owned any of these Hot New Issues that have doubled, tripled, quintupled or umptupled within days and in some cases hours after they were issued, I most certainly would grab my fabulous windfall, thank my lucky stars and invest the money. It's utter nonsense to think any newly issued stock is really worth two, ten or 20 times the [offering] price.... A management so stupid as to sell shares [cheap], and an underwriter so obtuse as not to discern the real value, together would provide reason enough for a sensible man to get rid of his shares.
Malcolm ForbesI made my money the old-fashioned way. I was very nice to a wealthy relative right before he died.
Malcolm ForbesKeeping score of old scores and scars, getting even and one-upping, always makes you less than you are.
Malcolm ForbesIt is unfortunate we can't buy many business executives for what they are worth and sell them for what they think they are worth.
Malcolm ForbesCrime in the city streets is more than a political issue. It's a too rampant fact.... In Indianapolis they have come up with a most sensible, affordable approach to the problem. Policemen are assigned their police patrol cars for personal use after hours. They are encouraged to use the police car while taking the family shopping, to the movies, and everywhere one takes one's family. As a result, says the Police Chief's assistant, we may have as many as 400 cars on the street instead of 100 or so per shift. [And] the presence of the police car obviously indicates the proximity of policemen.
Malcolm Forbes